News & Bulletin Updates

Our sources have reported the marginal increase of Monoethylene Glycol (MEG) prices in the Asian market.

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PX prices are fluctuating in the International market with prices decreasing in parts of South- East Asia but increasing in FOB US Gulf.

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 China and South-East Asia witnessed a sharp decline of Acetone prices as informed by our analysts on 25th June 2020.

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Alkyl Amines Chemicals Ltd reported a steady growth in its quarterly as well as yearly profits.

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The border skirmish between China and India has had its impact on prices, with LLDPE FIlm originating from India quoted higher in China then elsewhere.

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Following the onset of Covid, the market for Polymers has been highly saturated.

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Propylene prices assessed stable at US$ 785/- per MT CFR China basis.

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PVC futures opened higher at 6180 RMB/mt against Yesterday’s closed of 6165 RMB/mt.

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The company has undertaken a planned shutdown at the plant on June 23, 2020.

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The company resumed operations at the unit on June 21, 2020

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Styrene Monomer prices have been registered to move upwards in Rotterdam on account of positive

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Toluene prices dropped in Asia due to dull demand in the region. 

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MX prices climbed in the US Gulf on reports of limited product availability and strong demand trends

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Methanol saw a price rise in the international market on the back of strong demand trends in the region.

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China announces future trade opening with active deals taking place from September 20th2020

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To know the HDPE prices in the US market as of 23rd June 2020.

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Gujarat Alkalies and Chemicals Limited (GACL) informed today that its board has revisedproject cost estimates for the company’s unit in Dahej with the planned production capacity being 105,000 TPA.

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Spheripol Technology will be used for a 450 KTA polypropylene plant to be built in Panipat, Haryana State, India.

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Due to the ongoing pandemic and bearish market conditions, Acrincor Camacari had shut its ACN plant on March 20th 2020.

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The company resumed operations at the plant from June 17, 2020. The plant was shut for maintenance on June 11,2020.

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The company has halted operations at the unit on June 22, 2020. The unit is expected to remain under maintenance for about two weeks.

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Tuesday saw Toluene prices move up marginally in Japan, South Korea and China on account of active

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The price of DOP In China inched up on the back of improved buying sentiments in the region.

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23rd June 2020 saw PTA prices climb marginally in the Asian markets on the back of improved buying sentiments in the region.

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MEG prices were assessed to be falling in Asia. This price drop was a result of weak buying sentiments coupled with weaker upstream rates.

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